State Street Technology Select Sector SPDR ETF
XLK
2,132 hedge funds and large institutions have $34.2B invested in State Street Technology Select Sector SPDR ETF in 2025 Q1 according to their latest regulatory filings, with 151 funds opening new positions, 749 increasing their positions, 833 reducing their positions, and 172 closing their positions.
3% less funds holding
Funds holding: 2,195 → 2,132 (-63)
3.1% less ownership
Funds ownership: 109.69% → 106.58% (-3.1%)
10% less repeat investments, than reductions
Existing positions increased: 749 | Existing positions reduced: 833
12% less first-time investments, than exits
New positions opened: 151 | Existing positions closed: 172
21% less capital invested
Capital invested by funds: $43.1B → $34.2B (-$8.92B)
21% less funds holding in top 10
Funds holding in top 10: 222 → 176 (-46)
38% less call options, than puts
Call options by funds: $2.12B | Put options by funds: $3.44B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$190M |
| 2 |
Two Sigma Investments
New York
|
+$186M |
| 3 |
State Street
Boston,
Massachusetts
|
+$157M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$144M |
| 5 |
SC
SRB Corp
Boston,
Massachusetts
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$315M |
| 2 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$314M |
| 3 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
-$186M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$172M |
| 5 |
UE
Unisphere Establishment
Vaduz,
Liechtenstein
|
-$163M |
XLK Hedge Fund Activity: Q1 2025 in Review
2,132 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q1 2025, worth a combined $34.2B — down 21% from $43.1B a quarter earlier.
Sellers outnumbered buyers: 172 funds closed out of XLK and 151 opened new positions — a net loss of 21 holders — while 833 trimmed existing stakes and 749 added.
The largest buyer was Menora Mivtachim Holdings, adding an estimated $190M. The largest seller was PGIM Custom Harvest, exiting entirely with an estimated $315M sold.
- 2,132 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q1 2025, down from 2,195 in Q4 2024.
- Funds reported $34.2B of State Street Technology Select Sector SPDR ETF stock for Q1 2025, down 21% quarter-over-quarter.
- 151 funds opened new State Street Technology Select Sector SPDR ETF positions in Q1 2025 and 172 closed out, a net change of -21 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q1 2025 was Menora Mivtachim Holdings, an estimated $190M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q1 2025 was PGIM Custom Harvest, an estimated $315M sold.
Based on aggregated 13F filings for Q1 2025.